SOURCE: Options Media Group Holdings, Inc.

May 18, 2011 09:08 ET

Options Media Group Holdings Adds Fry's Electronics to Growing List of Retailers -- Realizing Increased Retail Sales Pull Through

BOCA RATON, FL--(Marketwire - May 18, 2011) - Options Media Group Holdings, Inc. (OTCQB: OPMG) (PINKSHEETS: OPMG), which is in the process of changing its name to PhoneGuard, Inc., is announcing that all 34 stores of the consumer electronics giant Fry's Electronics plus its popular Frys.com web site have joined the growing list of retailers carrying the Company's Drive Safe™ anti-texting while driving software application suite. Several of these retailers are selling an increasing amount of product, which is resulting in the Company beginning to receive re-orders.

"The introduction of our Drive Safe anti-texting while driving software application suite has helped to create an entirely new category of mobile phone software," commented Scott Frohmam, CEO of Option Media Group. "As with most new product categories there is a period of education that must take place before retailers are effective in selling the product and before consumers move from the product consideration stage to the product purchase stage. We are very happy to report to the industry and to our investors that both retailers and consumers are increasingly accepting our anti-texting while drive product suite."

Last year, Options Media Group introduced its Drive Safe Software, a next-generation, state-of-the-art mobile phone control management software suite designed to prevent texting while driving. Drive Safe Software is designed to prevent texting while driving while also offering parents and employers the ability to monitor the driving habits of mobile phone users in order to prevent speeding. The Company recently introduced PhoneGuard Voice, a cloud-based application that is easy to install on most cell and smartphones and enables the user to listen to both incoming emails and text messages that are read out loud while the user is driving.

About Options Media Holding Group, Inc.

Options Media Group Holdings, Inc., a leading provider of mobile application software, recently announced the Company plans to change its name to PhoneGuard, Inc. The Company's flagship product, Drive Safe Software, is a next-generation software suite with the most robust set of features and functions available today. The software product, which is easily downloadable to mobile phones, allows for global positioning satellite tracking of the mobile device in order to calculate the rate of speed of travel. Above certain predetermined speeds, the Drive Safe Software will lock the keyboard and prevent the user from emailing, surfing the web or texting. While Drive Safe Software is designed to prevent texting while driving, it also offers parents and employers the ability to monitor the driving habits of mobile phone users in order to prevent speeding. PhoneGuard is also one of the mobile industry's leading providers of anti-virus software. The Company is also a growing force in mobile marketing and mobile social media.

Cautionary Statements Regarding Forward Looking Statements

This press release contains forward-looking statements including statements regarding interest in our product, orders for our products and growth of the demand for products in the Drive Safe™ product category. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the impact of intense competition, the continuation or worsening of current economic conditions, and acceptance of our DriveSafe™ software by Quality One Wireless' user base and ultimately parents and other consumers.

Further information on Options Media's risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2009. Any forward-looking statement made in this publication speaks only as of the date on which it is made. Factors or events that could cause actual results to differ may emerge from time to time, and it is not possible to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Contact Information

  • Contact Information:
    Christian Kirsebom
    Telephone: (925) 247-6666